When the price of a capital good increases, what happens to the prices of related consumer goods and services? Why?

1 answer:

8 0

The correct answer is that the consumer goods increase in price too. A capital good would be something like flour and the consumer good would be something like bread. If the price of flour jumps up, so does the price of bread. Governments sometime regulate this to protect the citizen by putting a limit so the price doesn't grow, but it pays for the rest to the baker.

You might be interested in

When an where did the war for independence start from great Britain begin

tigry1 [53]

Hello there,

The War of Independence, also known as the American Revolution and the Revolutionary War, was fought from 1775 to 1783 between Great Britain and the 13 British colonies in North America.

Hope this helps!!

4 0

3 years ago

What tragic event led to many russians having the Czar

myrzilka [38]

Answer:

I forget what it's called but in 1905 the Russian royal guard shot innocent peasants, which led to Russia's independence in 1918 and the switch to communism.

8 0

3 years ago

The voting procedure whereby shareholders may cast all of their votes for one member of the board is called ____________ voting.

Nostrana [21]

This type of voting is called single party voting or univote.

Please mark me as brainliest

8 0

3 years ago

39 nations met in the city of Washington DC to discuss a new organization called the

Lera25 [3.4K]

Answer: THE UNITED NATIONS

The conference of delegates from 39 nations was held at Dumberton Oaks, a historic estate in the Georgetown neighborhood of Washington, DC. Thus the conference is often referred to as the "Dumberton Oaks Conference." The official name of the gathering, which took place from August 21 to October 7, 1944, was the Washington Conversations on International Peace and Security Organization.

The ultimate result of this conference was the establishment of The United Nations. The UN Charter, signed in 1945, lists the purposes of the organization in Chapter I, Article 1, as follows:

The Purposes of the United Nations are:

To maintain international peace and security, and to that end: to take effective collective measures for the prevention and removal of threats to the peace, and for the suppression of acts of aggression or other breaches of the peace, and to bring about by peaceful means, and in conformity with the principles of justice and international law, adjustment or settlement of international disputes or situations which might lead to a breach of the peace;
To develop friendly relations among nations based on respect for the principle of equal rights and self-determination of peoples, and to take other appropriate measures to strengthen universal peace;
To achieve international co-operation in solving international problems of an economic, social, cultural, or humanitarian character, and in promoting and encouraging respect for human rights and for fundamental freedoms for all without distinction as to race, sex, language, or religion; and
To be a centre for harmonizing the actions of nations in the attainment of these common ends.

7 0

3 years ago

What was the "most serious sin of omission” committed by the Federal Reserve?

Amiraneli [1.4K]

Answer:the failure to control the money supply

Explanation:

7 0

3 years ago

Read 2 more answers